ICAHN ENTERPRISES LP IEP
DEPOSITARY UNIT · MLP · CUSIP 451100101
- SectorEnergy
- IndustryPetroleum Refining
- HeadquartersSunny Isles Beach, FL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $7.21. Options: 5 managers hold calls ($13.9m notional), 7 hold puts ($31.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 148 |
| Q4 2022 | 165 |
| Q1 2023 | 172 |
| Q2 2023 | 146 |
| Q3 2023 | 137 |
| Q4 2023 | 138 |
| Q1 2024 | 125 |
| Q2 2024 | 132 |
| Q3 2024 | 125 |
| Q4 2024 | 122 |
| Q1 2025 | 112 |
| Q2 2025 | 119 |
| Q3 2025 | 119 |
| Q4 2025 | 126 |
| Q1 2026 | 113 |
| Q2 2026 | 116 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 73 | 52 |
| Q4 2024 | 51 | 67 |
| Q1 2025 | 44 | 52 |
| Q2 2025 | 63 | 40 |
| Q3 2025 | 70 | 43 |
| Q4 2025 | 61 | 52 |
| Q1 2026 | 42 | 53 |
| Q2 2026 | 70 | 30 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $12.3m | $16.5m | 1.34 |
| Q4 2025 | $7.7m | $37.1m | 4.81 |
| Q1 2026 | $13.8m | $19.7m | 1.43 |
| Q2 2026 | $13.9m | $31.9m | 2.29 |
Biggest buyers
| ICAHN CARL C | Added | +69.0m |
| HRT FINANCIAL LP | Added | +359.6k |
| CITADEL ADVISORS LLC | New | +351.9k |
| GROUP ONE TRADING LLC | Added | +324.2k |
| Soviero Asset Management, LP | Added | +250.0k |
| SIMPLEX TRADING, LLC | Added | +98.9k |
| OSAIC HOLDINGS, INC. | Added | +91.5k |
| DRW Securities, LLC | New | +85.9k |
| FIRST TRUST ADVISORS LP | Added | +81.1k |
| IMC-Chicago, LLC | New | +59.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -414.3k |
| Jump Financial, LLC | Reduced | -230.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -80.9k |
| GSA CAPITAL PARTNERS LLP | Sold out | -54.8k |
| BARCLAYS PLC | Reduced | -45.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -27.7k |
| Accuvest Global Advisors | Sold out | -26.2k |
| PFG Investments, LLC | Sold out | -25.4k |
| CITIGROUP INC | Reduced | -21.8k |
| UBS Group AG | Reduced | -21.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.2m718.1k shares |
| GROUP ONE TRADING LLC | Added | $5.1m706.1k shares |
| CITADEL ADVISORS LLC | Added | $2.1m285.7k shares |
| IMC-Chicago, LLC | Added | $1.2m160.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $429.0k59.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.5m1.6m shares |
| GROUP ONE TRADING LLC | Added | $8.1m1.1m shares |
| HBK INVESTMENTS L P | Added | $6.8m944.5k shares |
| SIMPLEX TRADING, LLC | Added | $3.4m465.3k shares |
| CITADEL ADVISORS LLC | Added | $1.4m195.2k shares |
| IMC-Chicago, LLC | Added | $585.5k81.2k shares |
| JANE STREET GROUP, LLC | Added | $164.4k22.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ICAHN CARL C 13D · may seek influence +0.4 pts · filed 2026-09-25 | 87.7% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ICAHN CARL C 53.95% of their portfolio | 618.4m $4.5bn | Added +69.0m |
| MORGAN STANLEY 0.00% of their portfolio | 5.3m $37.9m | Reduced -414.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 885.1k $6.4m | Added +81.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 775.2k $5.6m | Added +33.8k |
| Soviero Asset Management, LP 2.45% of their portfolio | 700.0k $5.0m | Added +250.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 553.4k $4.0m | Reduced -27.7k |
| HRT FINANCIAL LP 0.01% of their portfolio | 519.1k $3.7m | Added +359.6k |
| GROUP ONE TRADING LLC 0.08% of their portfolio | 408.4k $2.9m | Added +324.2k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 351.9k $2.5m | New |
| SIMPLEX TRADING, LLC 0.05% of their portfolio | 252.5k $1.8m | Added +98.9k |
| Invesco Ltd. 0.00% of their portfolio | 159.9k $1.2m | Reduced -1.9k |
| Jump Financial, LLC 0.01% of their portfolio | 159.7k $1.2m | Reduced -230.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 159.2k $1.1m | Added +27.4k |
| LPL Financial LLC 0.00% of their portfolio | 156.5k $1.1m | Added +23.5k |
| CITIGROUP INC 0.00% of their portfolio | 151.1k $1.1m | Reduced -21.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 133.5k $962.2k | Added +26.4k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 116.5k $840.1k | Added +91.5k |
| MGO ONE SEVEN LLC 0.01% of their portfolio | 91.0k $656.3k | Added +13.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 88.0k $634.0k | Added +45.1k |
| DRW Securities, LLC 0.04% of their portfolio | 85.9k $619.1k | New |
| Mariner, LLC 0.00% of their portfolio | 68.0k $490.4k | Added +6.7k |
| IMC-Chicago, LLC 0.00% of their portfolio | 59.5k $429.1k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 51.3k $370.0k | Added +9.3k |
| Solutions 4 Wealth, Ltd 0.45% of their portfolio | 48.2k $347.8k | Added +20.0k |
| Moors & Cabot, Inc. 0.01% of their portfolio | 48.2k $347.4k | Added +1.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 47.0k $339.0k | Added +14.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 46.8k $337.7k | Added +2.4k |
| Focus Partners Wealth 0.00% of their portfolio | 45.4k $327.6k | Added +3.5k |
| RMR Wealth Builders 0.02% of their portfolio | 40.3k $290.9k | New |
| Next Level Private LLC 0.06% of their portfolio | 40.0k $288.6k | New |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 40.0k $288.0k | Added +10.0k |
| UBS Group AG 0.00% of their portfolio | 38.7k $279.4k | Reduced -21.5k |
| Koshinski Asset Management, Inc. 0.01% of their portfolio | 34.0k $245.1k | Unchanged |
| United Advisor Group, LLC 0.03% of their portfolio | 32.7k $235.9k | Added +1.9k |
| Kovack Advisors, Inc. 0.01% of their portfolio | 30.3k $218.2k | Added +3.0k |
| GAMCO INVESTORS, INC. ET AL 0.00% of their portfolio | 30.0k $216.3k | Unchanged |
| Stablepoint Partners, LLC 0.03% of their portfolio | 29.1k $209.7k | Added +2.1k |
| CAZ INVESTMENTS LP 0.07% of their portfolio | 28.9k $208.7k | Added +16.2k |
| M&T Bank Corp 0.00% of their portfolio | 28.4k $204.6k | Added +1.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 27.9k $200.9k | Reduced -80.9k |
| AZZAD ASSET MANAGEMENT INC /ADV 0.02% of their portfolio | 27.1k $195.6k | Added +8.6k |
| Meridian Wealth Management, LLC 0.01% of their portfolio | 27.0k $194.6k | Added +11 |
| Arrow Investment Advisors, LLC 0.19% of their portfolio | 26.7k $192.2k | Added +5.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 25.6k $184.7k | Added +122 |
| Cetera Investment Advisers 0.00% of their portfolio | 25.2k $182.0k | Added +1.2k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 23.1k $166.7k | Reduced -968 |
| BARCLAYS PLC 0.00% of their portfolio | 21.9k $157.9k | Reduced -45.6k |
| VIRTUS ADVISERS, LLC 0.06% of their portfolio | 20.5k $148.1k | Reduced -856 |
| Brookstone Capital Management 0.00% of their portfolio | 20.5k $147.6k | Unchanged |
| Sankala Group LLC 0.09% of their portfolio | 20.0k $136.5k | Added +5.0k |
| Key Client Fiduciary Advisors, LLC 0.04% of their portfolio | 19.7k $142.1k | Added +1.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 19.0k $142.5k | Reduced -9.1k |
| Independent Advisor Alliance 0.00% of their portfolio | 16.5k $119.3k | New |
| Corps Capital Advisors, LLC 0.10% of their portfolio | 16.5k $118.6k | Unchanged |
| Triumph Capital Management 0.02% of their portfolio | 16.4k $118.5k | Added +1.9k |
| INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio | 15.1k $108.6k | Added +966 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 15.1k $108.5k | New |
| EagleClaw Capital Managment, LLC 0.01% of their portfolio | 14.9k $107.2k | Added +1.8k |
| Cornerstone Wealth Management, LLC 0.00% of their portfolio | 13.0k $93.6k | Added +2.0k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 12.4k $89.6k | Added +4.7k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 12.4k $89.1k | Reduced -1.9k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 12.2k $87.8k | Added +96 |
| Beacon Harbor Wealth Advisors, Inc. 0.02% of their portfolio | 11.3k $88.4k | Unchanged |
| Hilton Head Capital Partners, LLC 0.04% of their portfolio | 10.6k $76.2k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 10.4k $74.8k | Added +166 |
| Paragon Capital Management Ltd 0.01% of their portfolio | 10.2k $73.9k | New |
| Ancora Advisors LLC 0.00% of their portfolio | 10.1k $72.8k | Unchanged |
| Mountain Hill Investment Partners Corp. 0.04% of their portfolio | 10.0k $72.1k | New |
| Global Retirement Partners, LLC 0.00% of their portfolio | 8.4k $60.2k | First filing |
| SUMMIT SECURITIES GROUP LLC 0.01% of their portfolio | 7.3k $52.6k | Added +4.6k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 7.2k $51.8k | Added +2.8k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 5.7k $40.8k | Added +509 |
| Spire Wealth Management 0.00% of their portfolio | 5.5k $39.7k | Unchanged |
| UMB Bank, n.a. 0.00% of their portfolio | 3.6k $25.8k | Added +433 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 3.0k $21.7k | Added +665 |
| Aventura Private Wealth, LLC 0.01% of their portfolio | 2.6k $18.8k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 2.4k $17.5k | Added +295 |
| Lodestone Wealth Management LLC 0.01% of their portfolio | 2.2k $16.2k | Added +212 |
| IFP Advisors, Inc 0.00% of their portfolio | 2.1k $15.4k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.8k $12.7k | New |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 1.8k $12.6k | Unchanged |
| VIMA LLC 0.01% of their portfolio | 1.5k $10.8k | First filing |
| State of Wyoming 0.00% of their portfolio | 1.2k $8.6k | New |
| Axiom Investment Management LLC 0.00% of their portfolio | 1.0k $7.2k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 905 $6.5k | Reduced -255 |
| Bangor Savings Bank 0.00% of their portfolio | 730 $5.3k | Unchanged |
| COMPASS FINANCIAL MANAGEMENT LLC 0.00% of their portfolio | 360 $2.6k | First filing |
| Bogart Wealth, LLC 0.00% of their portfolio | 345 $2.5k | Added +42 |
| TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio | 342 $2.5k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 339 $2.4k | Reduced -43 |
| MPWM ADVISORY SOLUTIONS, LLC 0.00% of their portfolio | 338 $2.4k | Reduced -4.2k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 328 $2.4k | Added +62 |
| Paladin Partners, LLC 0.00% of their portfolio | 297 $2.1k | Unchanged |
| Indiana Trust & Investment Management Co 0.00% of their portfolio | 257 $1.9k | Unchanged |
| American Capital Advisory, LLC 0.00% of their portfolio | 236 $1.7k | Unchanged |
| NVWM, LLC 0.00% of their portfolio | 204 $1.5k | Added +31 |
| NBT BANK, N.A. 0.00% of their portfolio | 200 $1.4k | Unchanged |
| Atlantic Edge Private Wealth Management, LLC 0.00% of their portfolio | 200 $1.4k | Unchanged |
| LRI Investments, LLC 0.00% of their portfolio | 173 $1.2k | Added +20 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 108 $779 | Added +6 |